Penzance, Cornwall
2011 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2011)
A total of 123 companies were formed in Penzance in 2011. This total is 43.0% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Penzance UK 2011 123 452,870 2010 86 400,358 2009 98 362,675 2008 108 349,203 2007 123 457,649 Record Year 2003 (152) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 55 companies were formed in Penzance. This figure is 34.1% higher than last year, which compares well to the UK wide figure of 14.0%.
The highest total for a second half year in Penzance occurred in 2003 when a total of 88 were formed.
Half Year (Jul-Dec) Penzance UK 2011 55 224,135 2010 41 196,609 % change 34.1% 14.0% Record Year 2003 (88) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 29 companies were registered in Penzance during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 93.3% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Penzance UK 2011 29 109,623 2010 15 95,117 % change 93.3% 15.3% Record Year 2003 (46) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
New Companies by Month
October November December New companies in 2011 11 10 8 New companies in 2010 3 11 1 % change 266.7% -9.1% 700.0% Record Year 2002 (18) 2003 (14) 2003 (19)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 86 companies were dissolved in Penzance in 2011. This total is 18.9% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.
Year Penzance UK 2011 86 314,523 2010 106 342,232 2009 125 533,773 2008 55 237,901 2007 75 220,295 Record Year 2009 (125) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 42 companies were dissolved in Penzance. This figure is 14.3% lower than last year, which compares well to the UK wide change of -7.5%.
The highest total for a second half year in Penzance occurred in 2010 when a total of 49 were closed.
Half Year (Jul-Dec) Penzance UK 2011 42 152,213 2010 49 164,601 % change -14.3% -7.5% Record Year 2010 (49) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 19 companies were dissolved in Penzance during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 0.0% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Penzance UK 2011 19 79,983 2010 19 76,896 % change 0.0% 4.0% Record Year 2006 (21) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Dissolved Companies by Month
October November December Closed companies in 2011 6 8 5 Closed companies in 2010 7 8 4 % change -14.3% 0.0% 25% Record Year 2006 (11) 2011 (8) 2000 (9)
Net Company Growth
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Annual Data (2011)
A total of 37 companies were added to the company register for Penzance in 2011. This number represents growth of 43.0% in the total number of active companies, which compares favourably to the UK figure of 34.6%.
This number is 57 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Penzance company register grew by 94 companies.
Year Penzance UK 2011 37 138,347 2010 -20 58,126 2009 -27 -171,098 2008 53 111,302 2007 48 237,354 Record Year 2003 (94) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Penzance increased by 13 companies.
Half Year (Jul-Dec) Penzance UK 2011 13 71,922 2010 -8 32,008 Record Year 2003 (62) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Penzance during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 10 companies.
fourth quarter (Oct 2011 - Dec 2011) Penzance UK 2011 10 29,640 2010 -4 18,221 Record Year 2003 (37) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 5 2 3 Net growth in 2010 -4 3 -3 Record Year 2002 (12) 2003 (9) 2003 (15)
UK Company Share
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Annual Data (2011)
In 2011 Penzance formed 0.0% of all UK companies. This is no change on 2010 when Penzance was responsible for 0.0% of all UK companies.
Year Penzance 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1970 (0.1%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Penzance formed 0.0% of all UK companies. This is the same as the 2010 figure of 0.0%.
Half Year (Jul-Dec) Penzance 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1970 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Penzance formed 0.0% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Penzance 2011 0.0% 2010 0.0% 2009 0.0% 2008 0.0% 2007 0.0% Record Year (since 1960) 1963 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.0% 0.0% 0.0% UK formation share in 2010 0.0% 0.0% 0.0% % change 219.1% -22.5% 605.4% Record Year 1965 (0.2%) 1969 (0.2%) 1963 (0.3%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 48.0.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 11.2% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 49.8.
The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 13.3% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 49.8.
The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 12.2% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
The record year for female directors in Penzance was 1857 when 36.4% of all directors were female.
The percentage of female directors in Penzance in 2011 was 38.6%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Penzance was 1860 when 42.9% of all directors were female.
30.4% of all director appointments in Penzance in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Penzance was in 1977 when 31.1% of all directors were female.
34.1% of all director appointments in Penzance in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage PENZANCE 3.13% CONSULTING 5.07% MANAGEMENT 1.56% MANAGEMENT 4.74% CORNWALL 1.56% CONSULTANCY 3.26% SCHOOL 1.17% PROPERTY 2.37% BAY 1.17% TRADING 2.07% MOUNTS 1.17% DESIGN 1.92% FISHING 1.17% ASSOCIATES 1.86% CONSULTING 1.17% ENGINEERING 1.78% ART 1.17% BUSINESS 1.78% FISH 1.17% CONSULTANTS 1.76% CIC 1.17% CONSTRUCTION 1.73% SURF 0.78% MEDIA 1.71% MARINE 0.78% LONDON 1.63% COMMUNICATIONS 0.78% J 1.51% C.I.C. 0.78% INVESTMENTS 1.48% PENWITH 0.78% GLOBAL 1.46% M 0.78% IT 1.41% ACL 0.78% CARE 1.39% TRADING 0.78% PROPERTIES 1.29% BAR 0.78% ELECTRICAL 1.29% MEDICAL 0.78% M 1.27% TREE 0.78% BUILDING 1.26% HEATING 0.78% ENERGY 1.25% PRINT 0.78% S 1.20% ACADEMY 0.78% ENTERPRISES 1.20%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 50 205,525 7487 - Other business activities 8 57,052 82990 - Other business support service activities not elsewhere classified 5 32,483 99999 - Dormant Company 4 21,846 41100 - Development of building projects 4 4,331 86900 - Other human health activities 4 4,457 5248 - Other retail specialised stores 3 1,968 56101 - Licenced restaurants 3 1,252 68320 - Management of real estate on a fee or contract basis 3 3,194 5540 - Bars 3 2,147 9999 - Dormant Company 3 20,199 41202 - Construction of domestic buildings 3 2,598 45200 - Maintenance and repair of motor vehicles 3 2,452 74909 - Other professional, scientific and technical activities not elsewhere classified 3 8,671 7499 - Non-trading company 3 9,957 5523 - Other provision of lodgings 2 139 9305 - Other service activities 2 9,492 35110 - Production of electricity 2 671 5510 - Hotels and Motels with (or without) restaurant 2 585 5212 - Other retail non-specialised stores 2 1,088
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07794327 ABSOLUTE COMMUNICATIONS PENWITH LTD. 03 Oct 2011 07804277 ZOFTAR LIMITED 10 Oct 2011 07805122 KOOLKIDZ THEATRICAL AGENCY LIMITED 11 Oct 2011 07805385 ACCEDO UK LIMITED 11 Oct 2011 07807504 WESTERN LIGHT PICTURES LTD 12 Oct 2011 07814852 KERNOW MARKETING AND TRAINING LIMITED 19 Oct 2011 07816782 S.J. & M.F. NOWELL FISHING LIMITED 20 Oct 2011 07821882 FIVE FORTY FILM AND MEDIA SERVICES LIMITED 25 Oct 2011 07822324 REDCON COMMUNICATIONS LIMITED 25 Oct 2011 07827682 PENZANCE PROJECTS 28 Oct 2011 07797032 THE APPLE TREE CAFE LIMITED 04 Oct 2011